$USTC USDT SHOWS BEARISH PRESSURE AFTER FAILED BREAKOUT — SELLERS BACK IN CONTROL!
Current Price: 0.01247
24h Change: -4.44%
24h High / Low: 0.01369 / 0.01184
Key Technical Levels:
Resistance Levels: 0.01300, 0.01350, 0.01369
Support Levels: 0.01200, 0.01150, 0.01120
After an attempted recovery to 0.01369, $USTCUSDT has sharply pulled back to 0.01247, indicating rejection near the upper resistance. The hourly chart now shows a lower high structure with consistent bearish candles, confirming short-term downward momentum.
Trade Setup (Short Entry):
Entry: 0.01240–0.01260
Take Profit (TP): 0.01200 / 0.01150 / 0.01120
Stop Loss (SL): 0.01310
Market Outlook:
USTC is struggling to regain strength after its sharp pullback, with market sentiment tilting bearish in the short term. Volume remains high, but price is failing to sustain bullish momentum. Unless 0.01300 is broken with a strong candle, downside continuation is likely.
Risk Management:
Keep risk per trade limited to 1-2% of total capital. Place stop losses above resistance and trail profits as targets approach. Avoid overtrading during volatility spikes.
#USTC #CryptoBearish #ShortSetup #TechnicalAnalysis #AltcoinUpdate